U.S. Semiconductor Companies Accuse Huawei of Stealing Tech

An escalating battle between the U.S. and China for supremacy in semiconductor technology is playing out in federal court between Chinese telecommunications giant Huawei Technologies Co. and a Silicon Valley startup backed by Microsoft Corp. and Dell Technologies Inc. CNEX Labs Inc., based in San Jose, Calif., and its co-founder Yiren “Ronnie” Huang alleged in Texas federal court that Huawei and its Futurewei unit have engaged in a multiyear plan to steal CNEX’s technology.